China EV Sales Rise on Government Subsidies, Inventory Buildup
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CBS News - Top stories
Tupperware files for bankruptcy as sales drop
Tupperware, which has been around for 80 years, is filing for Chapter 11 bankruptcy as sales have dropped recently. The company says it intends to keep going as it looks for a new owner.3 hours ago -
The Guardian - World
Car industry calls for shift in EU emissions targets amid slowing EV sales
Automotive lobby group warns ‘multibillion-euro fines’ will punish manufacturers without relaxation of rules. Europe’s car industry has called for the relaxation of EU emissions targets after sales ...4 hours ago - European Union -
BBC News - Top stories
Netflix and TikTok boost overseas sales, says Next
The High Street retailer claims entertainment is exposing the global market to different fashions.7 hours ago - Netflix -
Financial Times - World
What the EU’s new competition tsar thinks about Chinese EV tariffs
Also in this newsletter: How the Greens got their man into von der Leyen’s office11 hours ago -
Financial Times - Business
The rise of the £900 football shirt
The nostalgia for classic kits is on the up. So are the prices12 hours ago -
The Hill - Politics
Dems push ahead on ACA subsidies
Presented by Plan B One Step — Democrats are pushing to extend subsidies that are set to expire next year {beacon} Health Care Health Care The Big Story Democrats press for ACA subsidies ...18 hours ago -
CNBC - Business
Trump Media stock closes at new postmerger low on eve of 'lockup' expiration
Shares of Trump Media reached new all-time closing lows the day before "lockup" restrictions on selling company stakes expires.19 hours ago - Donald Trump -
MarketWatch - Business
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.20 hours ago - Federal Reserve -
The Hill - Politics
In Norway, EVs now outnumber gas-powered vehicles
In Norway, electric vehicles (EVs) now outnumber gas-powered vehicles, according to latest vehicle registration data from the Norwegian Road Federation released on Tuesday. Norway, a major oil ...21 hours ago -
NBC News - Top stories
Best Buy’s holiday sales events: What to know
Best Buy just announced its upcoming sale events happening in the next few months. It includes an exclusive member sale, a 48-hour flash sale, an Apple trade-in event and much more.22 hours ago -
The Hill - Politics
House, Senate Democrats press leadership to quickly extend ObamaCare subsidies
House and Senate Democrats are pressing leadership to quickly pass legislation extending ObamaCare’s enhanced subsidies before they expire at the end of 2025. Sen. Jeanne Shaheen (D-N.H.) and Rep. ...23 hours ago -
ABC News - World
Cyprus' top court sacks the government's chief accountant over misconduct
Cyprus’ top court has ordered that the government's comptroller general be removed from his post for misconduct and interferences in the works of the judiciaryYesterday -
CBS News - Top stories
House to vote on GOP plan to avert government shutdown
The House is set to vote Wednesday on Speaker Mike Johnson's plan to keep the government funded with Congress up against an October 1 deadline to pass a spending bill or continuing resolution to ...Yesterday -
BBC News - Top stories
Small beer: Study calls on government to shrink pints
Cambridge University found serving beer in two-thirds of a pint glasses led to a 10% drop in drinking.Yesterday -
CBS News - Top stories
Weight of EVs prompts safety concerns about impact of crashes
Guardrails and barriers, typically tested against vehicles weighing around 5,000 pounds, are now being challenged by electric vehicles that often weigh more.Yesterday -
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The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...Yesterday - Joe Biden -
MarketWatch - Business
General Motors to sell adapters to use Tesla’s supercharger EV network
GM offering an approved NACS DC adapter for purchase through its apps.Yesterday -
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Wired - Tech
It’s the Last Day of the All-Clad Factory Seconds Sale
All-Clad cookware is the best you can buy—and it has a price tag to match. This sale will stretch your dollars.Yesterday -
The Hill - Politics
'Just the facts': Seeking to provide the public with the government data they need
Making government data more accessible and easier to understand: That's the standing goal for Poppy MacDonald. MacDonald, a former news executive, now leads "USA Facts,” a nonpartisan, nonprofit ...Yesterday -
CBS News - Top stories
Tupperware files for bankruptcy amid slumping sales
Tupperware and some of its subsidiaries have filed for Chapter 11 bankruptcy protection, the once-iconic food container maker said in a statement.Yesterday -
Financial Times - World
Reeves orders crackdown on government use of consultants
Chancellor seeks to save £1bn on external contracts as part of spending review ahead of UK BudgetYesterday -
The New York Times - World
Israel’s Netanyahu Considers Firing Defense Minister Gallant in Government Shakeup
Dismissing the minister, Yoav Gallant, would remove a frequent critic of Prime Minister Benjamin Netanyahu at a time of mounting tensions with Hezbollah.Yesterday - Israel -
The Guardian - World
Global spending on subsidies that harm environment rises to $2.6tn, report says
Exclusive: analysis finds $800bn increase in direct support for activities including deforestation and fossil fuel use. The world is spending at least $2.6tn (£2tn) a year on subsidies that drive ...Yesterday -
GameSpot - Tech
Dead Rising Deluxe Remaster Review
As a high schooler in 2006, I spent many months and what little money I had renting screen time with an Xbox 360 in a mall store that had dozens of TVs and consoles available for use at hourly ...Yesterday -
The Hill - Politics
Johnson outlines economic plan under Trump if GOP controls government in 2025
Speaker Mike Johnson (R-La.) on Tuesday outlined his economic agenda for the first 100 days under a second Trump administration — a plan that assumes Republicans will win unified control of ...Yesterday - Donald Trump -
The Hill - Politics
McConnell: Government shutdown before election 'politically beyond stupid'
Senate Republican Leader Mitch McConnell (Ky.) is warning colleagues that it would be “politically beyond stupid” for Congress to stumble into a government shutdown a few weeks before Election Day, ...Yesterday -
The Guardian - World
Berlin’s Watergate nightclub will close with New Year’s Eve last dance
Upmarket Kreuzberg club blames economic pressures, a pandemic hangover and Berlin’s dated image as factors leading to end of 22-year party. Berlin’s Watergate nightclub, one of the institutions of ...2 days ago -
Financial Times - World
The questions over Commerzbank’s stake sale
Deal is a textbook example of how not to create price tension in a capital markets offering2 days ago -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
ABC News - World
Many in Indian-controlled Kashmir plan to vote this time to deny Modi total control
For decades, boycotting elections in Indian-controlled Kashmir was a sign of protest against Indian rule2 days ago -
Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales drive2 days ago -
The Wall Street Journal - Business
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.2 days ago - China -
Financial Times - World
Why EV investors are tracking Taylor Swift and swing state polls
Investors are betting the US election outcome will have a big impact on sector stocks in Asia2 days ago